Tuesday, March 06, 2007
Internet Item Pricing
Recently I became aware of the fact that if I purchased an
item on line or from the store, selling the item, that the price
was the same......$20.00.......
If I ordered the item online, it was $14.00 (hey, look at the
savings).....Then the company added $7.00 for shipping and
handling, total $20.00.....When I walked through the door
the item was $20.00 retail plus State sales tax......
Not all companies do this, so "one" must be aware......Let's
face it UPS or FedEx do incur shipping charges......But they
are minimal unless your want to ship a tank....(Then you
call Flying Tiger).....
It seems that after all these years, it still comes down to
"Buyer beware".......
Just to remind some, my 10:1 theory still holds........To make
a $10.00 retail item it costs $1 in labor and material.....
The rest is profit for the manufacturer and the companies
in the supply chain........Pumps
item on line or from the store, selling the item, that the price
was the same......$20.00.......
If I ordered the item online, it was $14.00 (hey, look at the
savings).....Then the company added $7.00 for shipping and
handling, total $20.00.....When I walked through the door
the item was $20.00 retail plus State sales tax......
Not all companies do this, so "one" must be aware......Let's
face it UPS or FedEx do incur shipping charges......But they
are minimal unless your want to ship a tank....(Then you
call Flying Tiger).....
It seems that after all these years, it still comes down to
"Buyer beware".......
Just to remind some, my 10:1 theory still holds........To make
a $10.00 retail item it costs $1 in labor and material.....
The rest is profit for the manufacturer and the companies
in the supply chain........Pumps
# posted by Pumps @ 1:41 PM 
